SCA increases the prices on white and brown kraftliner in Europe by €50 per tonne. The new price is valid from April 1, 2021.
“The European kraftliner market continues to be strong and stable”, comments Mikael Frölander, VP Sales and Marketing Containerboard.
https://www.sca.com/en/about-us/Investors/press-releases/2021-02/sca-to-increase-kraftliner-prices-by-50-per-tonne/
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Packaging leader Smurfit Kappa has joined forces with KHS, one of the world’s leading manufacturers of filling and packaging systems for the beverage and liquid food industries, to roll out its sustainable TopClip multipack product for bundling canned beverages. The partnership brings to the market an end to end solution for beverage companies, including a combined unique and innovative packaging solution and high speed, efficient packaging machines. Launched last year at Smurfit Kappa’s global Better Planet Packaging Day, TopClip is a recyclable solution that replaces the need for shrink wrap, therefore providing an option for substituting plastic with sustainably sourced paper-based packaging. TopClip is free from additional glue, meaning it is 100% plastic free, also allowing for a greater ease to remove or pull apart the cans. The patented product addresses the needs of consumers who are looking to retailers and brands to provide more environmentally friendly packaging. TopClip fully covers the top of can multi-packs, protecting them from contamination and providing excellent consumer handling and branding opportunities. Moreover, the product’s sustainability credentials are further boosted with a 30% lower carbon footprint compared to a shrink wrap consumer pack.
January–June 2020 (compared to 1–6/2019) • Sales were EUR 945.2 million (964.2). • Comparable operating result was EUR 94.2 million (102.8), or 10.0% (10.7%) of sales. Operating result was EUR 100.3 million (118.3). • Comparable earnings per share were EUR 0.19 (0.23), and earnings per share were EUR 0.21 (0.27). • Comparable return on capital employed was 10.7% (11.7%). • Net cash flow from operations was EUR 152.3 million (67.1). April–June 2020 (compared to 4–6/2019) • Sales were EUR 473.1 million (477.1). • Comparable operating result was EUR 60.5 million (41.0), or 12.8% (8.6%) of sales. Operating result was EUR 66.5 million (46.4). • Comparable earnings per share were EUR 0.13 (0.09), and earnings per share were EUR 0.15 (0.10). • Comparable return on capital employed was 13.9% (9.7%). • Net cash flow from operations was EUR 72.3 million (30.7).
Berry Global Group, Inc. announced that it is investing in a state-of-the-art Reicofil R5 asset to provide incremental capacity to serve the fast growing Asia healthcare markets. The investment is targeted to meet forecasted market and customer growth and will be focused on high performance applications in the desired healthcare markets. The nonwovens investment supports Berry’s strategy to further its leadership position in healthcare. The new asset will be installed at Berry’s Nanhai, China, facility, which is strategically positioned to serve customers in the rapidly growing Southeast Asia region. Current projections are for startup in the September quarter of 2022. “We are committed to further partnering with our customers to pursue growth opportunities around the world. The added capacity achieved through this asset is a next step in advancing our market leading position in healthcare material solutions,” said Curt Begle, President of Berry’s Health, Hygiene, and Specialties Division.